China Daily Mail

CNOOCWith China‘s Sinopec support, CanadianPremier MinisterStephen Harper‘s conservative government chose a wrong turn to the right, saving itself from a nasty brush with justice.

Approximately 70% of the world’s bitumen (aka “The Tar Sands”) deposits are located in Canada, mainly in the province of Alberta. Totals reserves there are about 176 billion barrels. (Wikipedia)

In Canada, national and provincial governments are scrambling to realise the incomes, once projected and in fact budgeted, that are now threatened by bottlenecks in moving the petroleum to a thirsty world market. Delays and strong controversy in the U.S. about the Keystone Pipeline, now at a standstill, have Canada’s oil producers trying to facilitate alternate (and controversial) shipping routes like a pipeline to the west coast of British Columbia for a projected ramping up in production from 2.2 mbd to 4.5 mbd .

Coupled with that are…

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